Rekindling the arts

spaceballIt has been suggested that there is a sudden creative growth in people, as trying to tighten the purse string people and scramble to create or come up with new ways to entertain themselves.

Accident and Emergency wards have a sudden influx as people have taken to DIY. Yet the positive side is that artists out there are on the increase as well as the rate of art being sold.

London galleries are being visited more frequently with people of all types showing an interest from poor to rich English to African.

Lets just hope that as we rise from the recession we drag with it a new passion for art never seen before and the emergence of true talent unlike Tracey Emins “stained bed sheets”

It has also been reported that the price of art is lowering making it more accessbile to all in a recent article from the New York times it said.

Companies in trouble sell whatever can raise them money, and art collections are but one more asset. Arthur Andersen, the accounting firm brought down by the Enron scandal, for instance, turned two floors of its Chicago offices into a gallery showroom in 2002, selling more than 2,000 art works over a five-day period. In 2006, the New York futures broker Refco Inc., which filed for bankruptcy protection the previous year while under investigation for hiding $430 million in debt, sold 321 photographs for $9.7 million at Christie’s auction house over a three-day period.

Street art by temp13rec..

Advertisement
Published in: on April 30, 2009 at 8:57 pm  Leave a Comment  

The URI to TrackBack this entry is: http://apositiverecession.wordpress.com/2009/04/30/rekindling-the-arts/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.